Mortgage FP&A Director

The Mortgage FP&A Director owns the financial planning, forecasting, profitability analysis, and management reporting for the Company's mortgage business. Reporting to the Mortgage Chief Financial Officer, with potentially one to two resources supporting the role, the position partners with mortgage leadership (and their teams), accounting and the finance teams.

Major Duties And Responsibilities (Essential Functions)

Provide actionable, metric driven, insight-oriented analysis to the Mortgage CEO, CFO, and the leadership team to drive business results. Partner with the Bank FP&A and Finance teams, as appropriate. Key responsibilities include:

FP&A Rhythms, Expense Management, and Allocations

 

• Own the FP&A operating rhythms for the Mortgage business, including monthly finance and expense management reviews with the leadership team.
• Prepare monthly presentation and analysis materials for Board and business updates.
• Own and articulate allocations between Mortgage and the Bank, and across cost centers within Mortgage.
  
   

Forecasting, Budgeting, and Long-Range Planning

 

• Own the monthly Forecast, annual Budget, and five-year driver-based model for the business.
• Model rate, volume, and capacity scenarios, including downside cases.
  
   

Analysis and Business Partnership

 

• Own loan-level profitability, including cost to produce and cost of servicing, benchmarked against MBA and STRATMOR peer data.
• Own portfolio economics for jumbo and other loans held on balance sheet, including spread, funding cost, and contribution to mortgage results.
• Support pricing, incentive compensation, and staffing decisions.
• Reflect gain-on-sale, hedge, and MSR results in mortgage financial reporting in coordination with secondary marketing, which owns these areas.
• Partner closely with the Bank Accounting and FP&A teams.
  
   

Team and Process

 

• Lead and develop the team supporting the role (as applicable).
• Build sustainable, repeatable processes using AI and advanced Excel modeling.
• Perform other duties as requested by executive management or supervisor.